To: madison10
The rest of the world is heavily invested in US. WE were a good money maker, we were safe, we had lots of great places to invest, only problem is again, Fannie and Freddie. The markets are tied up because of bad debt/credit due to F & F defaults on home mortgages. They were, as someone said, a giant pyramid scheme. The pyramid crumbled.So how does this pyramid crumbling take EVERYthing down? When food stops trucking, electricity goes out... how does THAT happen?
11 posted on
10/05/2008 6:59:50 PM PDT by
Lazamataz
(Secondhand Aztlan Smoke causes drug addiction obesity in global warming cancer immigrant terrorists.)
To: Lazamataz
LOL You read too much. I don’t know if it takes everything “down” or if it just slows down.
That too is speculation, right?
17 posted on
10/05/2008 7:02:44 PM PDT by
madison10
(Republicans don't win polls, they win elections.)
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